Ear Hustle

“Show Me The Money!!” Ex-Wife Of Oil Exec Gets A $1Billion Settlement; She’s Not Satisfied

hamm family

Sue Ann Hamm, the woman who just this week was awarded nearly $1 billion in a divorce settlement with her billionaire husband Harold Hamm, is appealing for more because she says that figure is “not equitable.” The decision is one of the largest in US history.

According to Hamm’s lawyer, the settlement allows her ex to keep 94 percent of the $18 billion increase in the value of his shares of Continental Resources, that company for which he serves as CEO. The judge decided that $1.4 billion of that increase is”marital capital.” That was the basis for his decision.

The former Mrs. Hamm, a lawyer and economist, actually once worked for Continental in an executive capacity. She left the company in 2008 and, according to MSN, worked from home at times while caring for the couple’s two children.

The couple had no prenuptial agreement. Harold Hamm founded the company in 1967 and married Sue Ann more than 20 years later. He grew from the being the 13th child of sharecroppers to the richest man in Oklahoma.

Source: Madame Noire

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